Deutsche Bank’s Alts. Division Partners With Aldus Equity

Jan 26 2007 | 2:19pm ET

RREEF Alternative Investments, the alternative investments business of Deutsche Bank’s Asset Management division, has signed a definitive agreement to acquire a minority stake in Aldus Equity, private equity fund of funds shop. The two firms intend to develop private equity fund of funds for institutional and high net worth investors.

Deutsche Bank’s Asset Management division recently consolidated its alternative investments platform under RREEF Alternative Investments, which now consists of four businesses: Real Estate, Infrastructure, Absolute Return Strategies and Private Equity. In addition to fund of funds, RREEF Private Equity will include a secondary funds business. Aldus will continue to be managed by its existing principals.

“This partnership enables us to offer our clients more comprehensive alternative investment options while also capitalizing on Aldus’ private equity experience and successful relationships with public pension funds,” stated Charles Leitner, global head of RREEF Alternative Investments.

Aldus Equity manages dedicated fund of funds that invest directly in private equity funds, as well as co-investment funds that invest alongside private equity funds. The firm manages currently manages over $3 billion in assets.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note